Aps3

UEC long setup

Long
AMEX:UEC   Uranium Energy Corp.
UEC resisted a head and shoulders by a narrow margin.

The 12 / 16 EMAs are narrowing, and appear to be ready to cross.
The MACD has just taken a sharp turn upward from oversold, and looking to cross the zero line.

When these 2 signals coincide I will enter a long position, aimed at 3.20.
1D Close under 2.07 is fail, stop out.

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.